Written by ForexBrokers.com
In this head to head comparison of Markets.com vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 1999, both Markets.com and Spreadex have established themselves in the online brokerage industry. Neither of these companies is publicly traded or operates as a bank, which may be a consideration for investors seeking a higher degree of transparency and financial backing. When it comes to regulation, Markets.com stands out with three Tier-1 licenses, indicating a high level of trust, compared to just one for Spreadex. Additionally, Markets.com holds one Tier-2 license, whereas Spreadex does not have any Tier-2 licenses.
In terms of trustworthiness, Markets.com appears to be the more reliable choice, boasting a Trust Score of 93 out of 99 on ForexBrokers.com, translating to a highly trusted status. Spreadex, with a Trust Score of 71, falls into the average risk category. Potential investors often consider such trust ratings and regulatory details vital when selecting an online broker, as they reflect the company's credibility and adherence to industry standards.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Year Founded | 1999 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing Markets.com and Spreadex in terms of commissions and fees, there are some clear differences that potential traders should consider. Markets.com does not provide average spread data, which can make it challenging to gauge trading costs upfront. This lack of transparency might influence its overall perception among traders, contributing to its 3.5-star rating for commissions and fees. Among 63 brokers, Markets.com ranks #50, indicating there might be more cost-effective options available in the market.
On the other hand, Spreadex delivers more transparency by offering detailed data on its trading costs. In January 2024, the average spread for EUR/USD was 0.81 pips, with a minimum spread of 0.6 pips occurring 60% of the time. Such clarity and consistency in spread offerings likely contribute to the higher 4-star rating Spreadex receives from traders. Additionally, Spreadex's #27 ranking out of 63 brokers for commissions and fees showcases its competitive edge in providing reasonable trading costs.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | 0.81 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments at Markets.com and Spreadex, both brokers offer forex trading as CFDs, yet Spreadex provides a much broader selection of tradeable symbols with 10,000 compared to Markets.com's 2,179. Both brokers cater to forex traders, with Markets.com offering 57 tradeable forex pairs slightly ahead of Spreadex's 52. However, neither platform offers exchange traded securities on U.S. or international exchanges, so investors looking to buy shares like Apple or Vodafone directly will need to look elsewhere. In terms of cryptocurrency, both brokerages provide access to cryptocurrency derivatives, but not the actual underlying digital currencies.
Markets.com excels in offering copy trading, an option unavailable at Spreadex. Despite this, Spreadex is rated higher with 5 stars for its range of investments, while Markets.com receives 4 stars. According to ForexBrokers.com, Spreadex holds a more favorable position, ranking 13th out of 63 brokers, whereas Markets.com is placed at 29th for its range of investment options. Investors seeking a diverse array of tradeable instruments may find Spreadex's extensive offering more appealing, although those interested in copy trading might prefer Markets.com.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 10000 |
| Forex Pairs (Total) | 57 | 52 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Markets.com and Spreadex both provide virtual demo accounts, allowing traders to practice without real financial risk. Each broker offers its own proprietary platform, catering to users who prefer tailored features. However, Markets.com stands out by providing a Windows-based desktop download platform, which Spreadex lacks. Both brokers have easy-to-access web-based platforms for those who like to trade directly from their browsers. When it comes to copy trading, Markets.com offers this feature, while Spreadex does not. Additionally, Markets.com integrates MetaTrader 4 (MT4) and MetaTrader 5 (MT5), popular choices for seasoned traders, whereas Spreadex does not support these platforms.
For technical analysis, Markets.com features four drawing tools and six columns for watch lists, while Spreadex offers a bit more flexibility with eleven drawing tools and eight watch list columns. Spreadex gives traders the option to execute trades directly from stock charts, a feature not available with Markets.com. Both brokers have been rated four stars for their trading platforms and tools, yet they differ in rankings with Markets.com at 27th and Spreadex at 46th out of 63 brokers, according to ForexBrokers.com. This overall comparison suggests Markets.com might appeal to traders seeking more platform options, while Spreadex offers enhanced chart interaction tools.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 58 |
| Charting - Drawing Tools (Total) | 4 | 11 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Markets.com and Spreadex provide mobile trading apps compatible with iPhone and Android devices, ensuring you can trade on-the-go no matter your smartphone preference. While both platforms support stock and forex price alerts and allow the creation of watchlists with real-time quotes, only Markets.com offers watchlist symbol syncing. This feature means your watchlist updates sync across mobile and online versions, offering seamless tracking. For those who appreciate technical analysis, Markets.com allows users to draw trendlines but defaults to MT4 for technical studies, whereas Spreadex doesn’t specify its offerings in this regard. However, Spreadex shines in allowing multiple time frame views on charts, catering to those who analyze behaviors over different periods.
In terms of saving your hard work, both platforms unfortunately don't auto-save drawings on charts. Still, they enable users to create comprehensive watchlists with real-time data. When it comes to overall ratings, both Markets.com and Spreadex score an equal 4 stars out of 5 for their mobile trading applications. However, they diverge in rankings on ForexBrokers.com, with Markets.com at #33 and Spreadex trailing at #46 out of 63 brokers. This may reflect slight differences in user experience and functionality. Whether prioritizing syncing capabilities, time frame options, or ease of use, both apps offer valuable features to enhance trading activities, with slight nuances in functionality depending on individual needs.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Markets.com and Spreadex provide a comprehensive range of offerings to keep traders informed and equipped for decision-making. Both platforms offer daily market commentary and access to forex news from top-tier sources, such as Bloomberg and Reuters, ensuring that users can stay up to date on the latest market movements. Additionally, both brokers provide sentiment-based trading tools, allowing traders to view the ratio of long or short positions across various instruments, enhancing their ability to gauge market sentiment effectively. An economic calendar is also available on each platform, displaying vital upcoming global events across different economies, which is crucial for anticipating market fluctuations.
Despite these similarities, there are notable differences between the two brokers. Spreadex gains an edge with its inclusion of technical analysis tools from Autochartist, which Markets.com lacks. However, neither broker offers tools from Trading Central, nor do they provide services from TipRanks or Acuity Trading. In terms of overall research quality, both Markets.com and Spreadex are rated 4 out of 5 stars. However, Markets.com is slightly ahead in the rankings by ForexBrokers.com, securing the 17th position out of 63 brokers, while Spreadex holds the 31st spot. This indicates that Markets.com may be more favorable for those prioritizing research resources in their trading endeavors.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Markets.com and Spreadex each have their strong points to consider. Markets.com is committed to offering frequent live educational webinars, hosting sessions at least once a month to keep beginners engaged and learning. For visual learners, both Markets.com and Spreadex provide over 10 beginner-friendly educational videos that cover essential trading topics. However, if you are looking for a platform that offers a comprehensive suite of more than 10 articles, videos, or archived webinars specifically about forex or CFDs, Spreadex meets this need, whereas Markets.com falls short.
In the realm of advanced education, Markets.com leads with its collection of over 10 advanced educational videos catered to more experienced traders, a resource that Spreadex does not offer. Spreadex stands out with its investor dictionary, providing definitions for over 50 investing terms, a feature not available on Markets.com. Both brokers receive an educational rating of 4 stars, yet Markets.com ranks higher at 34th place out of 63 brokers according to ForexBrokers.com, compared to Spreadex's 45th place. This head-to-head comparison signifies that the ideal choice depends on your specific educational needs in trading.
| Feature |
Markets.com
|
Spreadex
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Markets.com is better than Spreadex. Markets.com finished with an overall rank of #23, while Spreadex finished with an overall rank of #39.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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Spreadex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 71 |
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Both Markets.com and Spreadex do not provide options to purchase actual (delivered) cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
Both Markets.com and Spreadex do not support ACH or SEPA transfers and neither offer PayPal for fund transactions; however, while both brokers accept Visa, Mastercard, and bank wire transfers, only Markets.com also provides Skrill as a payment option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Markets.com | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
| Broker Screenshots | Markets.com | Spreadex | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | Markets.com | Spreadex | |
|---|---|---|---|
| Trust Score | 93 | 71 | |
| Year Founded | 1999 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 10000 | |
| Forex Pairs (Total) | 57 | 52 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Markets.com | Spreadex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Markets.com | Spreadex | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 8 | |
| Charting - Indicators / Studies (Total) | 89 | 58 | |
| Charting - Drawing Tools (Total) | 4 | 11 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | Spreadex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | Spreadex | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | Spreadex | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Spreadex Review |
| Overall | Markets.com | Spreadex | |
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| Trust Score | 93 | 71 | |
| Winner | check_circle | ||
| Review | Spreadex Review |
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